Bitcoin surged closer to 73,000 dollars after reports emerged suggesting that Iran may require cryptocurrency payments for vessels passing through the Strait of Hormuz.
According to a report from the Financial Times, Iranian officials could request payments in Bitcoin or other digital assets from ships using the strategic waterway. Hamid Hoisseini, a spokesperson for Iran’s Oil, Gas, and Petrochemical Products Exporters’ Union, reportedly stated that fees would be collected in crypto after tankers declare their cargo. The suggested charge is about 1 dollar per barrel, while empty vessels would not be required to pay.
All ships are expected to be monitored during the two week ceasefire to prevent the smuggling of weapons. The ceasefire was announced earlier by Donald Trump following heightened tensions in the region.
Bitcoin had already reacted strongly to the ceasefire announcement, climbing from around 68,000 dollars to a multi week high near 72,000 dollars. It briefly pulled back to around 71,400 dollars before the new report surfaced, then pushed again to almost 73,000 dollars, marking a fresh three week high.
Following the ceasefire agreement, Trump also warned that countries supplying military weapons to Iran could face a 50 percent tariff. He further stated that Iran would not be allowed to enrich uranium and suggested that the United States would assist in removing nuclear related materials.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Economists at the Council of Economic Advisers have expressed opposition to proposals that would prevent crypto platforms from offering yields on stablecoin deposits, as discussions around the Clarity Act intensify.
The group, which operates within the executive office of the White House, stated that restricting yield offerings would not significantly strengthen community banks or improve lending conditions. Instead, they argued that such a ban would reduce consumer benefits without delivering meaningful financial system gains.
In its statement, the council noted that the conditions required to justify a positive economic outcome from prohibiting yield are unlikely to exist. It further explained that banning yield would do little to support bank lending while removing the advantage of competitive returns for stablecoin holders.
The debate is part of a broader conflict between traditional banking interests and the crypto industry. Lawmakers are considering how to address this issue through the Clarity Act, which could either prohibit third party rewards on stablecoins or formally regulate them as permitted financial products.
Recent drafts of the legislation have suggested restricting crypto platforms from offering any form of stablecoin rewards, whether directly or indirectly, including structures that resemble interest bearing deposits. The goal of that approach is to eliminate regulatory loopholes and prevent crypto firms from replicating traditional banking products.
The latest position from the Council of Economic Advisers contrasts with those proposals, highlighting ongoing divisions as the policy discussion continues to develop.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
The cryptocurrency market saw a strong surge over the past 12 hours after the United States and Iran agreed to a ceasefire, pushing Bitcoin to nearly 73,000 dollars, its highest level in three weeks.
Many altcoins delivered even stronger performance, with Ethereum rising above 2,250 dollars, XRP approaching 1.40 dollars, and Hyperliquid moving close to 40 dollars.
Bitcoin Price Action Driven by Geopolitical Developments
Recent Bitcoin movements have closely followed developments in the conflict involving Iran. The asset fell to a monthly low of about 65,000 dollars last Monday after earlier threats over the weekend. It later recovered to 69,000 dollars but was pushed back below 66,000 dollars by the end of the week.
Over the weekend, markets remained relatively calm in price action but were active in terms of geopolitical statements. Attention centered on a deadline reportedly set by the President of the United States for Iran to reopen the Strait of Hormuz by Tuesday evening, with warnings of possible strikes on infrastructure if demands were not met.
Just before the deadline, both sides announced a two week ceasefire. The news triggered immediate volatility across financial markets. Oil prices dropped sharply, while Bitcoin, gold, and equities moved higher. Bitcoin briefly climbed near 73,000 dollars for the first time in three weeks before easing back to below 72,000 dollars at the time of writing.
Bitcoin’s market capitalization has risen to about 1.435 trillion dollars, with dominance over altcoins approaching 57 percent according to CoinGecko.
Altcoins Rally Across the Board
Most altcoins joined the upward move. Ethereum gained about 7 percent to reach 2,250 dollars, XRP rose around 5 percent to near 1.40 dollars, and Solana climbed 6 percent to about 85 dollars. Cardano and Hyperliquid both advanced roughly 7 percent.
Zcash led the market with a 21 percent surge to 325 dollars, while Rainbow Token gained about 20 percent. LayerZero rose 16 percent, pushing it back into the top 100 cryptocurrencies by market capitalization. Other double digit gainers included ENA, ICP, Render, and TAO.
Overall, the total cryptocurrency market capitalization increased by about 100 billion dollars in a single day, reaching approximately 2.53 trillion dollars according to CoinGecko.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Bitcoin surged to a three week high after geopolitical tensions eased following news of a temporary ceasefire agreement involving the United States and Iran.
Bitcoin reached about 72,380 dollars in early Asian trading on Wednesday morning, its highest level since March 18. Despite the sharp move upward, the asset remains stuck within a two month trading range, suggesting that the rally may be short lived unless a stronger breakout occurs.
The price increase followed an announcement by U.S. President Donald Trump regarding a two week ceasefire agreement with Iran, conditional on the reopening of the Strait of Hormuz. Reports indicate that Iran accepted the proposal, which was also approved by the country’s new Supreme Leader, Mojtaba Khamenei.
Following the news, crypto assets, precious metals, and Asian equities all moved higher, while oil prices dropped sharply. West Texas Intermediate and Brent crude fell by roughly 15 percent to around 96 dollars per barrel, helping to ease inflation concerns.
Market Outlook for Bitcoin
According to Jeff Mei, chief operating officer at BTSE, the future direction of the crypto market will depend heavily on how energy supply conditions evolve and how that affects inflation trends. He noted that if inflation declines enough to allow the Federal Reserve to resume interest rate cuts, crypto assets could see a strong rally. Even without rate cuts, he added that continued economic strength could still support upward momentum in digital assets.
Data from Santiment shows that social sentiment has turned optimistic, with many market participants viewing the ceasefire news as a potential turning point in the conflict.
Analyst Sykodelic noted that Bitcoin has reclaimed a short term bullish structure by closing above the 50 day exponential moving average, describing it as a sign of strength that suggests further upside potential.
The Kobeissi Letter also commented that market reactions reflect a broader backdrop where geopolitical uncertainty is intersecting with rapid technological growth and shifting inflation expectations.
Jamie Coutts, chief analyst at RealVision, described the move as bullish after a prolonged consolidation near recent lows, though he remained cautious about the medium term outlook. He added that short term indicators may soon flash a buy signal, while longer term trends are still needed to confirm a full recovery.
At the time of writing, Bitcoin had pulled back slightly to around 71,450 dollars but remained up about 4.3 percent on the day.
Altcoins and Broader Crypto Market Reaction
Ethereum also reacted positively, rising about 6 percent to around 2,250 dollars before slightly retreating. However, it remains within a broader range and continues to face strong resistance at current levels.
Other major altcoins, including XRP, Solana, Dogecoin, Cardano, Chainlink, and Hyperliquid, also recorded gains. Zcash stood out with a 28 percent surge, while Tron and Canton declined on the day.
Bitcoin futures open interest has dropped sharply, falling from 42 billion dollars in October 2025 to about 21 billion dollars as of April 8, 2026. This represents a 50 percent decline in leveraged positioning across the market.
Data from analytics platform BIT suggests that the decline reflects a broad market reset after months of sideways trading, leaving Bitcoin in a state where it may be positioned for a significant move.
On chain analyst Markus Thielen noted in BIT’s report that excessive positioning has been cleared out and that traders have significantly reduced their exposure. Funding rates have also become unstable, fluctuating between negative 12 percent and positive 7 percent, showing the absence of a clear directional trend in derivatives markets.
The report indicates that the derivatives landscape is now more balanced, with no dominant bullish or bearish positioning. It also highlights that even during recent geopolitical tensions, there have been no major liquidation cascades, suggesting that much of the excess risk has already been removed from the system. The last major liquidation event reportedly occurred on February 6.
Thielen added that while reduced leverage does not guarantee an immediate breakout, it does make the market more sensitive to new catalysts. This means that even small changes in sentiment or capital inflows could trigger sharper price movements than in recent months.
This shift comes as Bitcoin has recently gained momentum. Prices briefly climbed to around 72,000 dollars following news of a temporary ceasefire between the United States and Iran. Prior to that, market sentiment had been pressured by warnings from Donald Trump regarding potential attacks on Iranian infrastructure linked to the Strait of Hormuz. At that time, Bitcoin struggled to break above 70,000 dollars. As of writing, Bitcoin remains just under 72,000 dollars, up more than 4 percent over the past 24 hours, with both weekly and monthly trends still positive.
Ethereum Shows a Different Market Structure
The situation in Ethereum presents a contrasting picture. According to a post shared on April 6 by analyst Darkfost, Ethereum open interest has climbed back close to its all time high of 7.8 million ETH, recovering nearly 3 million ETH since October of the previous year.
At the same time, trading patterns on Binance show a growing imbalance, with futures trading volumes now roughly seven times higher than spot trading volumes, while the spot to futures ratio has fallen to its lowest level on record.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Lawmakers and critics are once again raising concerns about prediction markets after reports surfaced of traders profiting from geopolitical events that appear to be timed with unusual precision.
Blockchain analytics platform Lookonchain identified a group of four wallets that collectively earned about 663,000 dollars by betting on a United States and Iran ceasefire happening by April 7.
What drew attention was not only the profits but also how the trades were executed.
Most of the wallets were newly created on the same day the bets were placed and had no prior transaction history. They entered positions predicting “yes” outcomes just hours before the ceasefire took effect, when market odds suggested a very low probability ranging between 2.9 percent and 10.3 percent. At the time, most participants did not expect such an outcome.
The timing and lack of trading history have led to speculation about whether the wagers were based on non public information. This case adds to growing scrutiny around prediction platforms where users can place bets on geopolitical developments before official confirmation.
Similar concerns have surfaced in earlier incidents. One report described a trader who allegedly made nearly 1 million dollars in profit since 2024 by repeatedly timing bets linked to United States and Israeli military actions involving Iran. That trader reportedly maintained a success rate of 93 percent on high value trades and appeared to position ahead of major events before they were publicly known.
Another case involved a user known as “Magamyman,” who reportedly earned more than 553,000 dollars by betting on outcomes tied to Iran and its leadership, including Ayatollah Ali Khamenei. These trades were placed shortly before a confirmed Israeli strike on February 28, 2026, which reportedly resulted in Khamenei’s death. Critics and lawmakers argued that such outcomes raise concerns about whether sensitive information is being used for profit on these platforms.
In February, authorities in Israel also charged an Israel Defense Forces reservist and a civilian over allegations that classified military information was used to place bets on a prediction market platform.
Despite growing controversy, prediction markets continue to expand in popularity. Investment firm Bitwise recently filed for prediction market exchange traded funds. Its chief investment officer Matt Hougan said insider trading should not be accepted in any market, but argued that the presence of misconduct should lead to stronger enforcement rather than shutting the markets down.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Six major banks in Switzerland are preparing to test a stablecoin linked to the Swiss franc, according to a report from UBS citing Reuters.
The participating institutions include PostFinance, Sygnum, Raiffeisen, ZKB, BCV, and UBS itself. Together, they plan to explore practical applications for a Swiss franc based digital currency.
The project will involve a secure live testing environment, often referred to as a sandbox, where the banks will experiment with how blockchain applications can interact with the Swiss franc in real world scenarios.
In a statement, UBS explained that the initiative is intended to evaluate possible use cases for a CHF stablecoin within Switzerland. The goal is to improve integration between blockchain technology and traditional finance while also strengthening the country’s digital money ecosystem and enhancing the global competitiveness of Switzerland’s financial sector.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
After several days of escalating tensions, the United States and Iran agreed to a two week cease fire, creating an opportunity to negotiate a long term peace agreement.
Financial markets reacted quickly, though not uniformly. Assets such as Bitcoin, gold, and equities moved higher, while oil prices dropped sharply after previously surging during the conflict.
Oil experienced the most dramatic swings due to the strategic importance of the region. At the start of the conflict on February 28, prices were below 70 dollars per barrel, but they climbed rapidly to 120 dollars within about a week. Volatility continued in the following weeks as tensions escalated and infrastructure became a target.
Fresh threats from Donald Trump, including potential strikes on Iran’s power plants and bridges, pushed oil prices higher again toward the end of last week and the start of the current one. A particularly alarming statement warning that an entire civilization could be destroyed led Iran to withdraw from negotiations temporarily.
However, just hours later, Trump announced on his social platform that both sides had agreed to a temporary cease fire. The agreement included Iran ensuring safe passage through the Strait of Hormuz. He also revealed that the United States had received a ten point proposal from Iran, describing it as a workable foundation for further talks.
He stated that most major disagreements had already been resolved and that the two week period would allow both sides to finalize the agreement. He later added that the United States would assist in easing congestion in the Strait of Hormuz and expressed optimism about significant economic opportunities in the region.
Oil prices responded immediately by falling sharply. USOIL dropped from 117 dollars to below 92 dollars before recovering slightly to around 95 dollars. Even with this decline, prices remain about 40 percent higher than before the conflict began.
Other financial markets showed strong upward movement. Bitcoin surged from just above 68,000 dollars to nearly 73,000 dollars, reaching a three week high before settling around 72,000 dollars. Ethereum rose by nearly 7 percent to trade close to 2,250 dollars. Other cryptocurrencies such as XRP, Solana, and Dogecoin also recorded gains of more than 4 percent.
Gold prices climbed significantly, approaching 4,900 dollars for the first time in three weeks after rising from 4,650 dollars. Meanwhile, futures tied to the S&P 500 increased by more than 2.5 percent and are now close to reaching a new record high.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
Amid an increasingly competitive artificial intelligence landscape, Anthropic has introduced a new initiative called Glasswing, built around its latest model, Claude Mythos Preview. The project reflects both technological ambition and a deliberate focus on caution.
Glasswing is designed to advance understanding of complex AI systems and is closely tied to a newly developed model that the company has chosen not to release to the general public.
Unlike many modern AI tools that are widely accessible, Claude Mythos Preview is intentionally restricted. Through the Glasswing initiative, access is being granted only to select organizations such as Amazon Web Services, Apple, Google, Microsoft, NVIDIA, and Linux Foundation, among others. According to Anthropic, the goal is to strengthen the security of critical global software systems.
This limited release highlights a growing challenge in the tech industry, which is finding the right balance between rapid innovation and responsible deployment. Anthropic is taking a measured approach by prioritizing in depth research and evaluation before broader adoption.
The company revealed that Mythos Preview has already identified thousands of serious vulnerabilities, including issues affecting major operating systems and web browsers. The model is not only designed for performance but also for interpretability, meaning it can be closely studied to better understand how it works. To support this effort, Anthropic has committed up to 100 million dollars in usage credits for participating partners and plans to share insights gained from the project.
At the core of Glasswing is the mission to uncover hidden software weaknesses using advanced AI capabilities. Many of the detected flaws are zero day vulnerabilities, which were previously unknown to developers and could pose significant security risks.
One notable discovery includes a 27 year old vulnerability in OpenBSD, a system widely regarded for its strong security and often used in critical infrastructure. The flaw allowed attackers to remotely crash affected machines simply by establishing a connection.
Overall, Glasswing signals a shift in how AI development is being approached. Instead of focusing solely on releasing more powerful systems, Anthropic is placing emphasis on understanding and securing them before wider deployment.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
XRP emerged as the top performer among digital asset investment products, recording the largest weekly inflows and outperforming the broader market. Meanwhile, Bitcoin showed signs of recovery after a slow start to the month.
Investment products tied to XRP attracted 119.6 million dollars in inflows, marking their strongest weekly performance since December 2025. This surge pushed its year to date total to 159 million dollars, representing about 7 percent of total assets under management.
Market sentiment, however, remains divided. Bitcoin brought in 107.3 million dollars, offering some relief, but overall monthly flows still show net outflows of 145 million dollars. At the same time, about 16 million dollars moved into short Bitcoin products, the highest level seen since mid November 2025, highlighting ongoing uncertainty among investors.
Solana maintained steady growth with 34.9 million dollars in weekly inflows, bringing its yearly share to around 10 percent of managed assets. Multi asset investment products saw a modest increase of 1.8 million dollars. In contrast, Ethereum experienced outflows of 52.8 million dollars as investors reacted to concerns surrounding the Clarity Act.
Overall, digital asset investment products recorded a moderate recovery, adding 224 million dollars خلال the week, according to the latest report from CoinShares. Despite this improvement, stronger than expected retail sales data, expectations of tighter economic policies, and uncertain geopolitical conditions weighed on momentum toward the end of the week.
Regionally, Switzerland led with 157.5 million dollars in inflows. Germany and Canada followed with 27.7 million and 11.2 million dollars respectively. The United States recorded 27.5 million dollars, while Brazil posted a smaller gain of 2 million dollars. On the other hand, Netherlands and Sweden saw outflows of 1.2 million and 0.9 million dollars.
From a broader perspective, rising geopolitical tensions near Iran and pressure around the Strait of Hormuz are limiting expectations for policy easing. In this environment, Bitcoin continues to trade within a narrow range.
Analysts at Bitunix noted that the 69,800 level represents a significant resistance zone due to concentrated short liquidations and liquidity. A sustained move above this level would indicate renewed investor confidence. On the downside, the 66,000 to 65,000 range acts as a support zone, where accumulated long liquidations could help stabilize prices. Repeated tests of resistance without a breakout suggest that investors remain cautious, focusing on short term opportunities rather than committing to a clear directional trend.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic
